Thiluzathile Mathews

From May 2007 – July 2018

Chief Finance Manager, Dubai Supply Authority, Dubai (Company wholly owned by Govt. of Dubai engaged in procurement, storage, supply and distribution of natural gas to customers in the Emirate of Dubai)

• As Member of the Management Board contributed actively in developing management strategy and plans with respect to investments, policies, KPIs finalization and business operations
• As Member of the Tender Committee actively contributed to effective evaluation of Tender Bid submissions in line with Company values, procedures and philosophy
• Led and managed company insurance requirements for timely placement of Energy Package Insurances covering Property Damage, Control of Wells/Operators Extra Expense and Liabilities, Contractor All Risk Insurances for major projects by tendering for appointment of Insurance Broker on Record and ensuring timely placements through Insurance Syndicates at Lloyds Insurance, London
• Led Annual Finalisation of Budgets from kick-off to consolidation and approval
• Ensured protection of Budgetary Brent Prices for each year by Hedging – thru ISDA (International Swaps & Derivatives Agreements) with investment banks such as Morgan Stanley, Bank of America Merill Lynch, etc.
• Managed maintenance and audit of statutory books of accounts in compliance with international accounting standards and corporate obligations
• Supervised preparation of MIS (Management Information System) reports to provide business performance updates to top management for operational and strategic decision making
• Team lead implementation of SAP for DUSUP and the migration of DUSUP’s ERP system from Orion to SAP

From Jan 2002 – To April 2007 (5Years & 4 Months)

Finance and Administration Manager, Al Mansoori Wireline Services Co LLC, Abu Dhabi (Company engaged in the business of providing wireline and related services to Oil Operating & Drilling Companies in the UAE, MENA region, India and Far-East)

• Ensured Expenditure Controls and 100% Revenue Recognition of all business operations
• Ensured 100% contract compliance and administration of all service contracts from contract commencement to contract close out
• Managed and led preparation and finalisation of annual budgets
• Managed proper maintenance of Financial Books and Accounts in accordance with IFRS requirements and facilitated completion of annual audits by approved external auditors
• Generated customized MIS reports for reporting contracts monthly performance and forecasts, divisional performance, expenditure trends and cash flow management

From Aug 1998 – To Dec 2001 (3Years & 5 Months)

Group Financial Analyst, Al Mansoori Specialized Engineering, Abu Dhabi (Company engaged in the business of providing specialized oilfield services to Oil Operating & Drilling Companies in the UAE, MENA region, India and Far-East)

• Evaluated tenders floated by Oil Operating and Drilling Companies for specialised oilfield services
• Participated in tender pre-bid evaluation meetings with clients to receive inputs and clarifications to build appropriate costing frameworks and develop logic for bidding based on company strategy
• Built intrinsic tender specific costing models and templates to facilitate strategic decision making from Capital Recovery, ROI, cash flow and profitability perspectives
• Established performance measures through setting up of financial and commercial KPIs to monitor asset and working capital requirements
• Conducted Monthly Performance Reviews of Divisions and Group Companies
• Conducted review, analysis and reporting on New Investment Proposals and New Joint Venture Proposals

PROFESSIONAL QUALIFICATION & MEMBERSHIP

• FCA – Fellow Member of The Institute of Chartered Accountants of India 

ACADEMIC QUALIFICATION

• Intermediate Examination Certificate of The Institute of Company Secretaries of India 
• Bachelor of Science Degree – Bangalore University, Karnataka State, India

PROFESSIONAL DEVELOPMENT

• Upstream Energy Insurance Module of the JLT Agnew Higgins ENERGY08 Insurance and Risk Management Training Course – London, September 2008